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Glassboro NJ Owner Finance or Rent To Own 3BR Ranch Home at Rowan University

August 7, 2018 by

Owner Finance or Rent To Own This Three Bedroom Glassboro, NJ Home Only Steps from Rowan University! 

(Sorry, no straight rent)

 

OWNER FINANCE or RENT-TO-OWN This Three Bedroom Glassboro Home less then 600 feet from Rowan University! Sorry, this home is not available for straight rent.  Want To Purchase But Can’t Qualify for a Loan?  Less than perfect credit is ok and you can get into this home even if you can’t currently qualify for a home loan. This home has the following features:

  • Steps from Rowan University
  • 3 Bedrooms
  • 1 bath 
  • Family Room
  • Basement
  • Front Deck
  • Rear Patio
  • And More

A Non-Refundable Option Fee or Down Payment is required for the Rent To Own or Owner Financing Program.  We understand things happen that are sometimes out of your control.  Therefore do not think that your credit will keep you from owning this home. We are primarily concerned with three things in order to qualify you for this home

  1. Do you have the required Option Fee/Down Payment?
  2. Do you have the ability make the payments?
  3. Are you serious about owning a home through our programs?

A good rule of thumb is that you make at least three times the monthly payment amount.  So, for this home, the household should bring about $6,290 per month in gross (pre-tax) income. Where can money for the down payment come from?  401K, credit card, pension plan, family/friends, tax return, stocks/bonds/annuities, IRA, proceeds from an inheritance, insurance policy just to name a few….

*Property Taxes are added to the monthly rent payment.  Current property taxes are $5,149/yr

 

Property Details

Price: 1,600
Address: 230 Laurel Ave
City: Glassboro
State: NJ
ZIP: 08028
MLS #: N/A
Square Feet: 1252
Bedrooms: 3
Bathrooms: 1
Basement: Full, Unfinished

Additional Features:

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Check out all our Buyer FAQ Videos Here!

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DISCLAIMER: M&D Real Estate Solutions, LLC has legal ownership or a contractural interest via a contract, option contract or lease-option agreement with the legal owner, which we may resell, assign or release to a third party. This site does not charge for rental or retail listings and is not a Pre Paid listing Service. NOT ACTING AS AGENTS: One or more of the managing members of M&D Real Estate Solutions, LLC are New Jersey licensed real estate sales agents.  M&D Real Estate Solutions is NOT acting in the capacity of a real estate brokerage and does not provide Realtor services to the public. M&D Real Estate Solutions, LLC is a real estate investing company and is acting as a principal in every transaction in order to make a profit. M&D Real Estate Solutions, LLC does not represent any seller or buyer in any capacity. All handling of funds and collection of rents are handled through a licensed property management company or escrow company. All final lease purchase documents are signed with a licensed attorney or in front of a notary. Terms of credit during rental period dependent on agreement with owner. Terms of credit may affect ability to qualify for a home loan at end of lease period.